Intervala (Primerock Portfolio) Acquires EPE Corporation

Lime Rock New Energy Acquires Controlling Stake in Electric Power Engineers (EPE)

January 13, 2022

Energy

Lime Rock New Energy, a growth equity firm focused on the energy transition, has acquired a controlling interest in Electric Power Engineers, LLC (EPE). The investment provides growth capital to accelerate EPE's expansion of engineering, consulting, and software solutions for power systems, while EPE president Hala N. Ballouz will remain CEO and a significant minority owner.

Amplix Acquires the Technology Advisory Practice of Intervale Technologies

May 1, 2023

IT Services

Amplix, a Gemspring Capital portfolio company, has acquired the technology advisory practice of Intervale Technologies. Intervale will continue operating its structured cabling and audio-visual businesses as a preferred partner to Amplix; the deal expands Amplix's advisory capabilities and customer reach in Massachusetts and beyond.

MPE Partners Acquires Intermatic LLC

April 23, 2025

Manufacturing

MPE Partners has completed an investment to acquire Intermatic LLC, a 130+-year-old Libertyville, Illinois-based manufacturer of electrical and mechanical controls for lighting, irrigation, HVAC/R and pool & spa applications. The transaction, from the founding Kinney family, positions Intermatic for accelerated product innovation (including digital and integrated controls), continued penetration of electrical distribution channels, and potential complementary add-on acquisitions.

AEA Investors SBPE Acquires P&B Intermodal

September 17, 2024

Transportation

AEA Investors' Small Business Private Equity team has closed the acquisition of P&B Intermodal, with significant reinvestment from the company's management team. P&B is a New Jersey–founded national provider of maintenance and repair services to intermodal operators, and AEA said it will leverage its network and resources to support the company's organic growth in the transportation & logistics market.

Berkshire Partners Makes Strategic Growth Investment in Electric Power Engineers

January 7, 2025

Energy

Electric Power Engineers (EPE), an Austin-based power systems engineering and consulting firm, received a strategic growth investment from Boston-based private equity firm Berkshire Partners. Lime Rock New Energy, the prior investor from 2021, has fully realized its investment; EPE management will remain significant investors and continue to lead the company. Advisory firms on the transaction were AEC Advisors for EPE and Houlihan Lokey for Berkshire.

Tally Energy Services Acquires Epic Lift Systems from Intervale Capital

April 4, 2019

Energy

Tally Energy Services has acquired Epic Lift Systems, a Fort Worth-based provider of plunger lift, gas lift and compression solutions, from Intervale Capital. The acquisition expands Tally's artificial lift capabilities, adding Epic's manufacturing, R&D and field-service footprint across 16 U.S. locations; financial terms were not disclosed.